After 15 Months Of Being Long Only, Jim Rogers Loading Up Some Shorts

Legendary investor
Jim Rogers recently appeared on CNBC and voiced some of his
latest opinions and investment maneuvers. We haven't talked about
the former Quantum Fund manager for a while because, let's face
it, he's on television all the damn time. But, some of his
comments from this recent interview made us take notice.

Potentially the most notable bit of his conversation was when he
said, "I had no shorts for about 15 months so I started putting
out some shorts recently. But the fact that I've been putting out
shorts means the stock market won't pull back." So, it's
interesting to see Rogers fight the current trend. In his mind,
it's the right play, but he knows he's going to potentially feel
some pain first. Many investors out there will agree that the
market is overdue for a near-term pullback. MarketClub voiced
these concerns in their recent
technical analysis video of the S&P 500. Additionally,
Bespoke outlined that many stocks are overbought.